STOCKHOLM -- Tata Consultancy Services, a unit of Indian conglomerate Tata Group, plans to step up its European expansion with several more research hubs, its technology chief told Reuters.
Europe accounted for about a third of the company's annual revenue of $25.7 billion in its past financial year and is one of its fastest growing regions.
TCS launched its first co-innovation and advanced research center in Amsterdam last year to work with clients to adopt newer technologies, such as 5G and electric vehicles.
"There will be many more such facilities that we will be looking at over the next few years," said Chief Technology Officer K Ananth Krishnan.